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Argentine Bakeries Sound Alarm Over 45% Input Slump, Warning of Record 2026 Closures

Sector leaders point to collapsing purchasing power alongside escalating costs as a pending inflation report threatens new price pressure.

Overview

  • Sales of bakery inputs fell about 45% year over year in the first quarter of 2026, according to the Centro de Panaderos in Merlo, Buenos Aires province.
  • Local shop owners report customers buying smaller quantities and switching products, with La Plata bakers describing a sharp pullback in daily purchases.
  • Rising costs for raw materials, utilities and fuel are squeezing margins, with some bakeries holding prices, cutting services and reducing staff to stay open.
  • Industry representatives warn of record closures and job losses this year, while Cipan notes roughly 2,000 bakeries closed nationwide over the past two years with about 16,000 jobs lost.
  • The sector is urging measures to revive demand and lower production costs, and expects the upcoming February inflation reading to push baked‑goods prices higher.